OptionsHouse

Options Trading News

September 26, 2013  Thu 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes closed lower yesterday, as did the CBOE Volatility Index.

The S&P 500 lost 4.65 points to close at 1692.77, its fifth consecutive session of losses. It closed just above the day's low, which came in the early afternoon. It has resistance at the high of 1730 and support at 1660.

The Nasdaq 100 was down 10.11 points to close at 3208.55. Unlike the SPX, it finished above its 10-day moving average. Resistance is at its 13-year high of 3248, while support is at 3150.

The Russell 2000 gave up 1.17 points to finish at 1073.51. The small-cap index hit a new all-time intraday high of 1082 at midday and has support at 1040. (When equity indexes are at highs, further resistance levels are obviously projections not based on previous trading patterns, so I will refrain from listing them.)

The VIX was down 0.07 points to 14.01. The volatility index was as high as 14.62 in the morning but spent some time below 14 through the afternoon.  

The VIX futures were largely unchanged. The October contracts were flat at 15.05, while the November futures were off 0.05 points to 16.20. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) down fractionally to $13.89. 
Share this article with your friends


Related Stories

VIX

Videocast: Volatility in September?

August 20, 2015

Group One's Jamie Tyrrell says traders are buying next month's calls on the volatility index, bracing against a pullback in the S&P 500.

VIX

Videocast: VIX draws September buyers

August 19, 2015

Group One's Jamie Tyrrell says large electronic buy programs are snapping up crash protection in the volatility index.

VIX

Videocast: VIX premiums down before expiry

August 18, 2015

Group One's Jamie Tyrrell says premium is getting sucked out of on volatility index calls on their last full day of trading.

VIX

Videocast: The VIX at crossroads

August 7, 2015

The volatility index has seen broad swings with the market today, and Group One's Jamie Tyrrell says traders think that the VIX can go either way from here.

VIX

Video: Put buyer bucks pop in VIX

August 6, 2015

Volatility is jumping with today's market declines, but Group One's Jamie Tyrrell says a large player continues to bet that the VIX will fall below 12.

OptionsHouse

Premium Services

Archived Webinar

Education & Strategy

Options Academy: Ron's Risk Calculation--A Real Life Example

It is rare that I get a chance to give a real-life, real-time example in my articles that the readers were not only following but were actually involved in at the time the event is happening. Well, that is where we are right now in our QQQ trade from last week. Let's recap the trade itself.

View more education articles »